Germany stands firm on China port deal despite security worries.

1 min read
Source: POLITICO Europe
Germany stands firm on China port deal despite security worries.
Photo: POLITICO Europe
TL;DR Summary

The German government has decided to proceed with the plan to sell parts of a Hamburg port terminal to China's state-owned Cosco, despite fresh security concerns and protests from members of the ruling coalition. The terminal has been declared as "critical infrastructure" by German security authorities, but the government did not provide any further details explaining the reasons behind the decision. Critics argue the partial port acquisition is part of a targeted investment strategy through which Beijing wants to bring infrastructure throughout Europe under its influence.

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